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Other Fields Homework Help Accounting Topic started by: H3Ko on Sep 6, 2016



Title: Jupiter Manufacturing began business on January 1. During its first year of operation, Jupiter ...
Post by: H3Ko on Sep 6, 2016
Jupiter Manufacturing began business on January 1. During its first year of operation, Jupiter worked on five industrial jobs and reported the following information at year-end:

   Job 1   Job 2   Job 3   Job 4   Job 5
Direct Materials   1,000   7,500   4,000   3,500   1,700
Direct Labor   12,000   20,000   13,000   12,000   700
Allocated Mfg. Overhead   1,500   6,000   2,500   7,500   400
Job completed:   Jun 30   Sep 1   Oct 15   Nov 1   Not completed
Job sold:   Jul 10   Sep 12   Not sold   Not sold   N/A
Revenues:   25,000   39,000   N/A   N/A   N/A

What was the balance in Work-in-Process Inventory at year-end?
A) $2,100
B) $2,400
C) $1,100
D) $2,800


Title: Re: Jupiter Manufacturing began business on January 1. During its first year of operation, Jupiter ...
Post by: Tanks on Sep 6, 2016
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Title: Re: Jupiter Manufacturing began business on January 1. During its first year of operation, Jupiter ...
Post by: H3Ko on Oct 12, 2016
I posted this question a while back then forgot to check the forum lol Thanks for answering, you were right


Title: Re: Jupiter Manufacturing began business on January 1. During its first year of operation, Jupiter ...
Post by: Edward Zurita on Jan 28, 2020
thank you


Title: Re: Jupiter Manufacturing began business on January 1. During its first year of operation, Jupiter ...
Post by: Zafar Eshnazarov on Feb 14, 2020
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Title: Re: Jupiter Manufacturing began business on January 1. During its first year of operation, Jupiter ...
Post by: AnitaDoobee on Apr 2, 2020
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Title: Re: Jupiter Manufacturing began business on January 1. During its first year of operation, Jupiter ...
Post by: Ksynnovea on Oct 25, 2020
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Title: Re: Jupiter Manufacturing began business on January 1. During its first year of operation, Jupiter ...
Post by: matamelissa on Feb 16, 2021
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Title: Re: Jupiter Manufacturing began business on January 1. During its first year of operation, Jupiter ...
Post by: Charlie N on Feb 18, 2021
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Title: Re: Jupiter Manufacturing began business on January 1. During its first year of operation, Jupiter .
Post by: sara johnson1 on Feb 23, 2021
Thank you


Title: Re: Jupiter Manufacturing began business on January 1. During its first year of operation, Jupiter ...
Post by: lol Pham on Nov 2, 2021
thanks you